India should make PPE success a template for all industries

    2020-08-20T04:51:20+00:00May 25th, 2020|Editorials - India Global Business|

    Close collaboration between India’s federal government, its various research institutions, the state governments and the country’s highly fragmented textiles industry helped create the world’s second-largest PPE industry from scratch in 60 days. If this can be made the norm across sectors, New Delhi will have little trouble in attracting companies looking for alternatives to China. In India, under normal circumstances, one wouldn’t expect the Defence Research & Development Organisation (DRDO), better known for developing inter-continental ballistic missiles, the Institute of [...]

      US bill to delist Chinese companies indicates that it may not be business as usual

      2020-05-23T17:17:06+00:00May 22nd, 2020|Editorials - India Global Business|

      The US-China face-off over Covid-19 is escalating. While Washington is right to take Beijing to task it must study its actions and not leave any loose ends to discipline China. The US Senate has unanimously passed a Bill to delist Chinese companies from US exchanges. About 800 Chinese companies with a combined market capitalisation of $1 trillion, or 5 per cent of the total value of all stocks traded in the US, could be impacted. This does not immediately threaten [...]